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SPI200 HANG SENG and DOW Index CFDs
Time Frame : 5 Min Charts
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Watch Here for further Updates as the action plays out
Update 10:14am – DOW looks ready to clear out sellers with a run higher. Buy at 26683 with a 20 point Stop…Happy for a partial at +25 and then watch how it plays out.
Update 10:46am – In and then out for a small loss on the DOW…price did not wash higher as expected…may see some selling into Hang Seng open.
Update 3:00pm – SPI200 set to run lower into the close. Watching for a lower high on the 5min.
Pre-Market Plan
The Hang Seng is the main focus for the day as price looks set to run down through 24905 so a good short may be on the cards if a lower high holds. The DOW may need to build off 26638 and squeeze out some sellers before the bears step back in for a push lower…price is struggling though with major highs in place at 27163. The SPI may rally on the open to squeeze out some sellers but I can not see a bullish day considering our deficit news and the US markets overnight.
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SPI200 Index
DOW Index
Hang Seng Index
